Performance Appraisal Policy

Company Details

Company Name: [Your Company Name]

Company Size: [Your Company Size]

Policy Version: [Your Policy Version]

Contact Person Details

Name: [Contact Person's Name]

Designation: [Contact Person's Designation]

Email: [Contact Person's Email]

Phone: [Contact Person's Phone]

Policy Objective

[Define the purpose and objectives of the performance appraisal system]

Appraisal Cycle

[Specify the frequency and timing of performance appraisals]

Performance Parameters

[Detail the key performance indicators and evaluation criteria]

Rating System

[Explain the rating scale and performance levels]

Appraisal Process

[Describe the steps involved in the appraisal process]

Feedback Mechanism

[Outline how feedback is provided and discussed]

Performance Improvement Plan

[Detail the process for addressing performance gaps]

Rewards and Recognition

[Explain how performance is linked to rewards]

Appeal Process

[Describe the process for appealing appraisal decisions]

Declaration

[A formal declaration that the policy has been approved]

Policy Created By

Name: [Policy Creator's Name]

Designation: [Policy Creator's Designation]

Date: [Policy Creation Date]